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X Company has the following budgeted information for its three products for 2020: Unit Sales Selling Price Variable Cost Product A 52,800 $11.20 $6.70 Product
X Company has the following budgeted information for its three products for 2020:
Unit Sales | Selling Price | Variable Cost | |
Product A | 52,800 | $11.20 | $6.70 |
Product B | 6,200 | 33.40 | 29.00 |
Product C | 22,400 | 20.30 | 9.20 |
Total | 81,400 |
Fixed costs in 2020 are expected to be $326,000.
What is the budgeted weighted average contribution margin in 2020 [rounded to two decimal places]?
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